You can’t spend like there’s literally no tomorrow, rack up massive deficits, add to the national debt and then pretend to care about spending. Are you kidding me? We don’t need another commission to tell us that we’re bankrupting this country. This is simply political top cover for the Obama administration–they can point to this in November and say, “We’re serious about the debt.” There’s a huge credibility gap, though.
According to Karl Rove:
…from Jan. 20, 2001, to Jan. 20, 2009, the debt held by the public grew $3 trillion under Mr. Bush—to $6.3 trillion from $3.3 trillion at a time when the national economy grew as well.
By comparison, from the day Mr. Obama took office last year to the…
